If you think that's what's going on, I have a bridge to sell you.
Looking at the chart, it could be that pushing it down yesterday cost too much money for the benefit, so the gap was closed via a manufactured trade at the open because we are not revisiting those levels again. Or it could simply be to hide today's true trading range.
Based on the pennant we're forming on the weekly, I think we coast out this week, and possibly fly next or perhaps more likely the one after.
Have a good weekend, everyone.
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